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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant? -- Ignore unavailable to you. Want to Upgrade?


To: Scotsman who wrote (3502)6/12/1998 1:58:00 PM
From: John Cuthbertson  Read Replies (1) | Respond to of 4697
 
Hi all,
Well, once again I just couldn't stand it any longer, so I picked up a bit more WFR today. The price seems to be coming up a little, I was hoping to get it for 10 but got 10 1/4. I think that Zeev is likely to have been prescient in describing this as a spike down, but I don't have a good feeling how high it might bounce in the short term.
With this purchase my avg. cost will be about $17, so I guess I have a track record of being too early in this stock...but I would guess that so far almost all of us do, no?

==John

P.S. Zeev, I also dipped my toe into Cymer. I think it has demonstrated pretty strong support around the $15 level.